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" You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate. "
Warren Buffett
Financial
You
Ability
Related Quotes:
" The best thing I did was to choose the right heroes. "
Warren Buffett
Heroes
Best
Thing
" If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster. "
Warren Buffett
Life Is A
Nobody
You
" Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time. "
Warren Buffett
Wanting
More
Fear
" Time is the friend of the wonderful company, the enemy of the mediocre. "
Warren Buffett
Time
Company
Enemy
" Chains of habit are too light to be felt until they are too heavy to be broken. "
Warren Buffett
Heavy
Chains
Broken
" The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard. "
Warren Buffett
You
Big
People
" When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. "
Warren Buffett
Reputation
Bad
Management
" Someone is sitting in the shade today because someone planted a tree a long time ago. "
Warren Buffett
Inspirational
Long
Time
" I always knew I was going to be rich. I don't think I ever doubted it for a minute. "
Warren Buffett
Knew
Minute
Always
" The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body. "
Warren Buffett
Body
People
Teacher
" Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars. "
Warren Buffett
Known
Out
Money
" If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it. "
Warren Buffett
People
Better
End
" Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. "
Warren Buffett
Profit
Market
Look
" I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one. "
Warren Buffett
My Life
Life
Court
" Value is what you get. "
Warren Buffett
You
Value
Get
" Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'. "
Warren Buffett
Good
Why
Said
" Derivatives are financial weapons of mass destruction. "
Warren Buffett
Finance
Destruction
Weapons
" It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. "
Warren Buffett
Wonderful
Price
Fair
" We enjoy the process far more than the proceeds. "
Warren Buffett
Process
More
Enjoy
" I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it. "
Warren Buffett
Only
People
Think
" Only when the tide goes out do you discover who's been swimming naked. "
Warren Buffett
Naked
You
Tide
" I buy expensive suits. They just look cheap on me. "
Warren Buffett
Funny
Cheap
Expensive
" A public-opinion poll is no substitute for thought. "
Warren Buffett
Thought
Poll
Substitute
" Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. "
Warren Buffett
You
Only
Hold
" Risk comes from not knowing what you're doing. "
Warren Buffett
You
Risk
Not Knowing
" You only have to do a very few things right in your life so long as you don't do too many things wrong. "
Warren Buffett
Life
Wrong
Things
" Beware of geeks bearing formulas. "
Warren Buffett
Formulas
Beware
Bearing
" It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. "
Warren Buffett
Think
You
Build
" We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.' "
Warren Buffett
Trade
Someone
Name
" The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. "
Warren Buffett
Business
Behavior
Reward